Register Allowance Compensation Rules

Explanation

Use this function to enter compensation information that should be valid for the allowance. Specify the type of allowance, e.g., HALF DAY, in the ID and Expense Code columns. You also can specify different kinds of deductions for different kinds of allowances.

Prerequisites

Before enter Allowance Compensation Rules, the following must have been completed:

• You must have registered Expense Rules and Expense Codes before you can enter anything in the Compensations tab.

System Effects

As a result of this entry, the system will automatically use the right allowance compensation for the selected Allowance ID and Expense Code.

Window

Expense Rules

Related Window Descriptions

Expense Rules/Compensations

Procedure

1. Select New to define a new Allowance ID.
2. Use the list box to select a Expense Code. The system automatically suggests the price and percentage that are entered   in the Expense Codes tab for each Expense Code.
3. Mark the checkbox, if the allowance ID is valid for abroad travelling.
4. Define the types of deductions for the specific types of allowances. Use the List of Values to select among different deduction types. For example, if the employee had lunch which the company paid for, the allowance must be reduced by a certain amount, as stated by the IRS.
5. Define the To/From dates for which the Compensation will be valid.